On CAPS, 44% of the 59 members who have rated Education Management believe the stock will underperform the S&P 500 going forward.

Just yesterday, one of those Fools, All-Star Chemdawg, succinctly summed up the Education Management bear case for our community:

[A]n education doesn't mean much in this job market. The huge amount of Student loan debt already present in this country will be the next huge bailout needed. Any industry that requires help from the government going forward is facing significant headwinds. This stock has almost doubled in the past few months for no real reason ... I think this one takes a step back toward the 3 dollar range.

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